Jan 4, 2017

Germany had so much renewable energy last week that customers were briefly being paid to consume electricity, it has been reported.

As spotted by Quartz, who cite data from German think tank Agora Energiewende, fair weather and high winds on Sunday 8 May saw wind, solar and hydroelectric power plants producing 54.6GW of power, roughly 80 per cent of the 68.4GW of power being consumed across the country at that time.

As a result, the price of power plummeted, and went negative from 7AM to 5PM, bottoming out at -€130 per MWh at 1PM. Energy providers were essentially being paid by producers to take the electricity off their hands.